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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.

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NZD/USD to rise further to its major resistance!

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Price broke out of its intermediate resistance that confirms a further move to its 1st resistance.

Entry: 0.6764

Why it's good : 23.6% Fibonacci retracement, 61.8% Fibonacci extension, horizontal pullback support

Stop Loss : 0.6733

Why it's good : 23.6% Fibonacci retracement, horizontal pullback support

Take Profit : 0.6807

Why it's good: 61.8% & 100% Fibonacci extension

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The material has been provided by InstaForex Company - www.instaforex.com